A skincare startup that sells directly to consumers, Foxtale secures $18 million (about 150 crore INR) in a Series B funding round. This funding was led by Singapore-based Panthera Growth Partners, and existing investors Matrix Partners India and Kae Capital also participated. According to Romita Mazumdar, the startup’s founder and CEO, the Mumbai-based startup plans to use this new funding to grow its online presence and add more product categories. Foxtale’s Growth and Financial Performance Customer Reach: Foxtale serves customers in over 100 cities in India, focusing on women aged 23-35 in tier I, tier II, and tier III cities.…
Author: Editorial Team
Elon Musk dropped the lawsuit against OpenAI, Sam Altman, and Greg Brockman. He made this decision shortly after he criticized OpenAI’s new partnership with Apple. Musk filed a lawsuit in February, claiming that OpenAI was breaking their agreement and not sticking to its original purpose of creating AI that benefits everyone. The lawsuit was meant to address these concerns, but now, with the tension easing, Musk has chosen to drop the case. This move shows a change in his approach and a possible improvement in their relationship. Elon Musk Drops Lawsuit Against OpenAI Case Dismissed Elon Musk has stopped his…
Get ready because Mirzapur Season 3 is finally on its way! The makers just revealed when it’s coming out, and they’ve been teasing us with videos of the main actors, getting everyone hyped up. Prime Video knows how much we love the show, so they’re pulling out all the stops to promote it. They even revealed the release date in a cool way. The big news came out on Tuesday that Mirzapur Season 3 will be available on Amazon Prime Video on July 5th. Prime Video’s Clever Clue for Mirzapur Season 3 Release Date Prime Video decided to get creative…
Apple CEO Tim Cook recently discussed generative AI during an earnings call, saying that the company has an edge in this field and is excited to share new developments soon. Last night, during the opening, Apple unveiled Apple Intelligence at WWDC 2024. Apple fulfilled this promise by unveiling Apple Intelligence, which integrates generative AI features into macOS 15 Sequoia, iOS 18, and iPadOS 18. However, not all devices that can run these operating systems will support the new Apple Intelligence features. Apple Unveiled Apple Intelligence at WWDC 2024 Apple announced that Apple Intelligence will work with devices using the Apple…
Chennai has achieved notable rankings in the startup world, according to Startup Genome, an organization that tracks startup ecosystems. In the Asia regional rankings, Chennai’s startup ecosystem ranked 18th in Asia, and globally, it falls within the 21-30 range for emerging startup ecosystems. It ranks in the top 25 globally and top 10 in Asia for affordable skilled workers, highlighting its attractiveness for talent. Additionally, Chennai is among the top 15 in Asia for performance, measured through the success of tech startups in terms of their exits and funding. In terms of early-stage funding and investor activity, Chennai is in…
Sonakshi Sinha is basking in the glory of her recent success in Heeramandi. Meanwhile, her father, Shatrughan Sinha, has comfortably won the Lok Sabha election. Now, the Sinhas have another reason to celebrate, as reports suggest that Sonakshi is gearing up to marry her boyfriend, Zaheer Iqbal. The wedding is expected to be a low-key affair, but undoubtedly, there will be plenty of dancing and joy. Sonakshi Sinha to Marry Zaheer Iqbal Sonakshi and Zaheer are getting married at a venue in South Mumbai. Sonakshi’s dad, Shatrughan Sinha, is happy for them and has given his blessings. Both Sonakshi and…
According to official data, Microsoft and Apple have a combined market capitalization of $6.14 trillion. This surpasses the total worth of actively traded companies on the Bombay Stock Exchange, which stands at $5.06 trillion. This means that the total value of Microsoft and Apple is now higher than that of all 3,851 listed companies on the Bombay Stock Exchange in India. Additionally, Bloomberg data reveals that the market value of the top three valuable companies in the US—Microsoft, Apple, and Nvidia—now exceeds that of the 5,300+ companies listed on the Chinese stock exchange. In simpler terms, these three US companies…
The Le Travenues Technology Ltd, known as Ixigo, opens for subscription today. Ixigo is an online travel booking company that helps Indian travelers plan, book, and manage trips for trains, flights, buses, and hotels. As of March 31, 2023, ixigo is the largest distributor of train tickets in India’s online travel agency market, holding a market share of around 51% in rail bookings. Ixigo IPO Details The Ixigo IPO opens today, i.e. June 10, and ends on June 12. The allotment of shares is expected to be finalized on June 13, with the listing date set for June 18. Key…
The Reserve Bank of India (RBI) has decided to simplify balance management by integrating FASTags and National Common Mobility Cards (NCMC) into the e-mandate framework. Users can now set up automatic payments to refill their FASTags and NCMC balances whenever they dip below a specified threshold. This move is expected to enhance convenience for individuals making travel and mobility-related payments, as they won’t need to manually top up their balances each time they run low. It aligns with the increasing trend of using electronic mandates for recurring payment transactions and reflects the RBI’s commitment to promoting digital and hassle-free payment…
The National Company Law Tribunal (NCLT) approved the merger of Air India and Vistara, making India’s biggest international airline, PTI reported. After the Air India-Vistara Merger, Singapore Airlines will own 25.1% of Air India. Vistara is a partnership of Singapore Airlines and Tata Group. According to Tata Group, the combined Air India-Vistara will have 218 planes, making it India’s biggest international and second-largest domestic airline. American Airlines Group, with 1,521 planes, is the world’s largest, while IndiGo, with 350 planes, is India’s biggest domestic airline. Air India-Vistara Merger: What You Need to Know The Chandigarh bench of the NCLT gave…